AALST-EREMBODEGEM, Belgium--(BUSINESS WIRE)--Regulatory News:
Ontex Group NV (“Ontex”) discloses the notification of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.
On 28 January 2015, GIC Private Limited notified Ontex that it had, as a result of sales of shares, crossed below the threshold of 3.00% of the total number of voting rights in Ontex.
According to its obligation Ontex publishes the content of the notification that it has received.
Date of Notification: 28 January 2015
Date Threshold Crossed: 23 January 2015
Threshold Crossed: 3.00%
Notification by:
| GIC Private Limited | 168 Robinson Road #37-01 Capital Tower Singapore 068912 |
Denominator on the date of notifications: 68,055,555 shares
Chain of controlled entities through which the shareholding is effectively owned:
GIC Private Limited is not controlled. As discretionary fund manager, GIC Private Ltd has the discretion to exercise the voting rights of the securities it holds for its clients.
Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: investorrelations@ontexglobal.com
This notification will be posted on: http://www.ontexglobal.com/press-room
About Ontex
Ontex is a leading manufacturer of branded and retailer brand hygienic disposable products across Europe, the Middle East and Africa. The Company primarily sells its products to retailers, helping them to establish or enhance their own brands. While historically Western Europe has been the Company’s largest geographic market in terms of sales (68% of sales in 2013), the Company also has a growing presence in emerging markets where it offers both retailer brands and its own brands, with the mix varying by product category and geography. The Company believes that it operates a strong and diversified business across multiple geographies and serves a blue chip customer base with high quality products in core, resilient and non-discretionary categories.
